According to a new report, Elon Musk, the new Twitter “Chief Twit,” is quickly moving to extract more juice from the new acquisition.
Musk directed Twitter employees to quadruple the price of their Twitter Blue subscription plan from $4.99 to $19.99 — which would become the only way to retain their verified user status, The Verge mentioned Sunday.
According to the report, users who are currently verified by Twitter with a blue identification badge will have 90 days to sign up for the new Twitter Blue $20 per month plan or unverify. The Verge, citing anonymous sources, reported that Musk, who ended his $44 billion acquisition of Twitter on October 27, had given Twitter employees a November 7 deadline to implement the change – and if they didn’t, they would be fired. and “Internal Correspondence”.
Twitter representatives did not respond to a request for comment.
Musk did not comment on the reported plan directly, but said in a tweet Sunday that “the entire verification process is now being renewed.” according to Twitter’s current verification requirements“The Twitter blue verification badge lets people know that a public interest account is real. To receive the blue badge, your account must be original, premium, and active.”
Launched in mid-2021, Twitter Blue offers various subscriber-only privileges including the latest addition that allows users to edit tweets within 30 minutes after they are posted.
Musk has discussed various ideas for increasing Twitter’s revenue previously. Shortly after he announced his initial approval to buy Twitter in April, Musk suggested that Twitter may charge a fee to “commercial / government users”. On May 3, Musk tweeted: “Finally, the downfall of the Freemasons was giving up their stone-cutting services for nothing.”
Shibetoshi Nakamoto, the handle of Dogecoin co-founder Billy Marcus, tweet a joke About the report on Sunday: “Sources: Twitter’s new blue verification feature will have 69 levels, with the top tier giving you a crown icon and the ability to block any user. It’ll cost $420,000,000. Elon Musk told Twitter employees if they didn’t finish it by Monday He’s going to blow Nickelback in the office.” Musk, who loves jokes and memes, replied, “Oh no, all our diabolical plans have been revealed!!”
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